Bahamian financial provider targetting Cayman expansion

Sun, Aug 21st 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business
Editor

A Bahamian-owned financial services provider is exploring further expansion to the Cayman Islands following the success of its Singapore office, with its principal urging this nation to abandon its 'no tax' status to "get out of the doldrums".

Contrasting how well known the Cayman Islands were, in comparison to the Bahamas, when it came to financial services, Paul Moss, president of Dominion Management Services, said his company was examining whether to open an office in the rival Caribbean jurisdiction by the 2011 second quarter.

He explained that this was in response to the demand for Cayman-domiciled funds and other products that Domin ...

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